Lindab International AB (publ) develops, manufactures, markets, and distributes products and system solutions for construction and improved indoor climate.
Flawless balance sheet and undervalued.
Share Price & News
How has Lindab International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LIAB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LIAB underperformed the Swedish Building industry which returned -0.8% over the past year.
Return vs Market: LIAB underperformed the Swedish Market which returned -8.2% over the past year.
Price Volatility Vs. Market
How volatile is Lindab International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StA Sliding Share Price Has Us Looking At Lindab International AB's (STO:LIAB) P/E Ratio
3 weeks ago | Simply Wall StHow Does Lindab International's (STO:LIAB) P/E Compare To Its Industry, After The Share Price Drop?
1 month ago | Simply Wall StIs There More To Lindab International AB (STO:LIAB) Than Its 13% Returns On Capital?
Is Lindab International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LIAB (SEK74.5) is trading below our estimate of fair value (SEK161.89)
Significantly Below Fair Value: LIAB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LIAB is good value based on its PE Ratio (8.4x) compared to the Building industry average (16.5x).
PE vs Market: LIAB is good value based on its PE Ratio (8.4x) compared to the Swedish market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: LIAB is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: LIAB is good value based on its PB Ratio (1.1x) compared to the SE Building industry average (2.2x).
How is Lindab International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LIAB's forecast earnings growth (4.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: LIAB's earnings (4.6% per year) are forecast to grow slower than the Swedish market (7.9% per year).
High Growth Earnings: LIAB's earnings are forecast to grow, but not significantly.
Revenue vs Market: LIAB's revenue (1.8% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: LIAB's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LIAB's Return on Equity is forecast to be low in 3 years time (12.4%).
How has Lindab International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIAB has high quality earnings.
Growing Profit Margin: LIAB's current net profit margins (6.9%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: LIAB's earnings have grown by 16.7% per year over the past 5 years.
Accelerating Growth: LIAB's earnings growth over the past year (72.1%) exceeds its 5-year average (16.7% per year).
Earnings vs Industry: LIAB earnings growth over the past year (72.1%) exceeded the Building industry 11.3%.
Return on Equity
High ROE: LIAB's Return on Equity (13.5%) is considered low.
How is Lindab International's financial position?
Financial Position Analysis
Short Term Liabilities: LIAB's short term assets (SEK3.6B) exceed its short term liabilities (SEK2.2B).
Long Term Liabilities: LIAB's short term assets (SEK3.6B) exceed its long term liabilities (SEK2.2B).
Debt to Equity History and Analysis
Debt Level: LIAB's debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: LIAB's debt to equity ratio has reduced from 54.7% to 20.6% over the past 5 years.
Debt Coverage: LIAB's debt is well covered by operating cash flow (98.4%).
Interest Coverage: LIAB's interest payments on its debt are well covered by EBIT (37.1x coverage).
Inventory Level: LIAB has a high level of physical assets or inventory.
Debt Coverage by Assets: LIAB's debt is covered by short term assets (assets are 3.5x debt).
What is Lindab International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LIAB's dividend (2.35%) is higher than the bottom 25% of dividend payers in the Swedish market (1.99%).
High Dividend: LIAB's dividend (2.35%) is low compared to the top 25% of dividend payers in the Swedish market (6.15%).
Stability and Growth of Payments
Stable Dividend: LIAB's dividend payments have been volatile in the past 10 years.
Growing Dividend: LIAB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.7%), LIAB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LIAB's dividends in 3 years are forecast to be well covered by earnings (44.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ola Ringdahl (47yo)
Mr. Ola Ringdahl has been the President and Chief Executive Officer of Lindab International AB since June 2018 and also serves as President & Chief Executive Officer at Lindab AB since 2018. He serves as C ...
CEO Compensation Analysis
Compensation vs Market: Ola's total compensation ($USD581.70K) is about average for companies of similar size in the Swedish market ($USD665.47K).
Compensation vs Earnings: Insufficient data to compare Ola's compensation with company performance.
|Employee Representative Director||25.25yrs||kr25.80k||0.00033% SEK19.3k|
|Independent Chairman of the Board||3.92yrs||kr737.70k||0.039% SEK2.3m|
|Independent Director||3.92yrs||kr310.70k||0.0026% SEK153.2k|
|Independent Director||3.92yrs||kr341.30k||0.0092% SEK536.2k|
|Independent Director||3.25yrs||kr361.30k||0.0021% SEK122.8k|
|Independent Director||3.92yrs||kr412.00k||0.013% SEK766.0k|
|Independent Director||8.92yrs||kr310.70k||0.00071% SEK41.5k|
|Independent Director||3.25yrs||kr361.30k||0.0013% SEK76.6k|
|Deputy Director||9.25yrs||no data||no data|
|Employee Representative Director||3.67yrs||kr25.80k||0.000010% SEK584.7|
Experienced Board: LIAB's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LIAB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lindab International AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Lindab International AB (publ)
- Ticker: LIAB
- Exchange: OM
- Founded: 1959
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr5.847b
- Shares outstanding: 76.33m
- Website: https://www.lindabgroup.com
Number of Employees
- Lindab International AB (publ)
- Järnvägsgatan 41
- Skåne County
- 269 82
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LIAB||OM (OMX Nordic Exchange Stockholm)||Yes||Series A Shares||SE||SEK||Dec 2006|
|0MWK||LSE (London Stock Exchange)||Yes||Series A Shares||GB||SEK||Dec 2006|
|LIABS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series A Shares||GB||SEK||Dec 2006|
Lindab International AB (publ) develops, manufactures, markets, and distributes products and system solutions for construction and improved indoor climate. The company operates through three segments: Ventilation Systems, Profile Systems, and Building Systems. It offers products and systems for ventilation, cooling, and heating, as well as construction products and building solutions, such as steel rainwater systems; roof and wall cladding; and steel profiles for wall, roof and beam constructions, and buildings. The company also provides prefabricated steel construction systems, as well as proprietary IT software that simplify the project planning and quotation process for designers and contractors. In addition, it offers indoor climate products, such as air diffusers, water-borne climate systems, and acoustics. Lindab International AB (publ) offers its products through a network of approximately 128 branches, as well as through building contractors and retailers primarily in the Nordic region, Western Europe, Central and Eastern Europe/the Commonwealth of Independent States, and internationally. The company was formerly known as Lindab Intressenter AB and changed its name to Lindab International AB (publ) in May 2006. Lindab International AB (publ) was founded in 1959 and is headquartered in Bastad, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 23:15|
|End of Day Share Price||2020/04/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.